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Continue Reading ⋅ 30 January 2023
Located in the esteemed township of Setia Alam in Shah Alam is the upcoming township of Edusentral. One of the developments that is to be built here is the Yale, a serviced residence of commercial and freehold title. It will consist of a sole block, that will house 281 units of homes within 33 storeys. This is a development of the HCK Capital Group, where the developer has given buyers a choice of homes sized between 502 sq ft and 836 sq ft. The project is to be completed by the year 2020, and came with a minimum launch price of RM379,500.
Address: Jalan Setia Murni U13/51, Setia Alam, 40170 Shah Alam, Selangor
Property Type: Serviced Residence
Land Title: Commercial
No of Storeys: 33
No of Blocks: 1
Total Units: 281
Tenure: Freehold
Sales Gallery: Jalan Setia Murni U13/51, Setia Alam, 40170 Shah Alam, Selangor
Site GPS Coordinates: 3.114868, 101.454037
Expected Date of Completion: 2020
Built-up area: 502 sq ft – 836 sq ft
Facilities:
- Poolside Relaxation Area
- Read & Relax Corner
- Meditation Deck
- Plaza Area
- Multipurpose Court
- Indoor Games Area
- Jacuzzi
- Swimming Pool (25m x12m)
- Floating Garden
- Kid’s Wading Pool (8.4m x 4.2m)
- Outdoor Dining Area
- Playground Area
- Outdoor Gym
- Multipurpose Area
- BBQ Area
- Picnic Area
- Floating Walkway
- Reflexology Path
- Fitness Rest Stop
- Basketball Court
- Aromatherapy Garden
Launch Price: RM379,500 – RM682,000
Maintenance Fee psf: RM0.33 per sq ft
Parking Bay/s per Unit: N/A
Project Details
Yale is a prime development in Setia Alam within the township of Edusentral. It is a serviced residence of commercial title that sits on freehold land. Yale will comprise of only one tower, which will stand 33 storeys tall next to Stanford, a 26-storey tower. The total number of units housed at the Yale numbers 281 homes, which come in a variety of sizes between 502 sq ft and 836 sq ft.
Buyers will have 3 different types of layouts to choose from, including dual key units. Type 1 units will be smallest homes at the Yale, at 502 sq ft. These are studio units. Type 2 and Type 3 will be dual key units, sized at 728 sq ft and 836 sq ft respectively. Both these units will have 2 bedrooms and 2 bathrooms, all ensuite. A breakdown of the unit types are shown as below.
|
Type |
Built-Up |
No. of Rooms |
|
1 |
502 sq ft |
Studio |
|
2 (Dual Key) |
728 sq ft |
2R, 2B |
|
3 (Dual Key) |
836 sq ft |
2R, 2B |
The facilities offered at the Yale will be shared with Stanford on the 7th floor recreational deck. The facilities that can be found is a reading corner, medication deck, picnic area and Aromatherapy Garden for relaxation. For fitness freaks, they will be pleased to know that there are several places to hang out at, such as an indoor games area, swimming pool, outdoor gym and reflexology path. Other facilities offered include a kids wading pool, Jacuzzi, multipurpose hall and barbecue area. The price for all these facilities is RM0.33 per sq ft monthly.
The launch price of the Yale stands between RM379,500 and RM682,000, with an estimation completion date slated for the year 2020.
Location
Yale is a project that enjoys a great location not only within Edusentral but within Setia Alam. Residents will find that they are surrounded by easily accessible highways such as the New Klang Valley Expressway (NKVE) just a short drive away. Via this road, motorists will find that they are conveniently connected to the other suburbs such as Kelana Jaya and Subang Jaya all within a less than 30-minute drive in clear traffic.
And for those who prefer to take the public transportation, the main bus station of Klang, the Klang Sentral, is only 4 kilometres away. From this station, commuters will be able to take a bus to Kuala Lumpur and all the other suburbs of the Klang Valley.
In terms of entertainment, there are many spots where residents of the Yale can hang out at. Aside from the township’s most popular shopping centre Setia City Mall which is attached to the Setia City Convention Centre, there is also the Saturday night market in Setia Alam that is purported to the longest in Asia. There is a combination of both Malay and Chinese shops at this night market, giving visitors a wide variety of goods to select from.
For more shopping options and everyday grocery items, there is the Giant hypermarket in Setia Alam that is only 3.5 kilometres away and the Tesco hypermarket also in Setia Alam about 2.2 kilometres from Edusentral.
And in lieu of education, it comes as no surprise that Yale at Edusentral is surrounded by education institutions. As of the moment, there are the national schools just outside of the development in form of SRJK (C) Pin Hwa 1 Chinese School and the Art & Design Centre 1.8 kilometres away. And just outside of Edusentral opposite the development is the Setia Badminton Academy.
Analysis
Below is a comparison between 3 of the different serviced apartments within Edusentral. As can be seen, every phase appreciates in value.
|
Name |
Land Tenure |
Built-up |
No. of Units |
Selling Price |
|
Yale Edusentral |
Freehold |
From 502 sq ft |
281 |
From RM379,500 |
|
Stanford Edusentral |
Freehold |
From 498 sq ft |
224 |
From below RM360,000 |
|
Imperial Edusentral |
Freehold |
From 502 sq ft |
307 |
From RM307,000 |
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Summary
Yale is a highly desirable project because of its location within Edusentral, an education hub in Setia Alam. Its entry price point is very reasonable as are the sizes of its units. For this reason, property investors are snapping up these properties as soon as they are launched as they are deemed to bring good returns in the future.
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